Category :Economy

Banking Economy News World

Goldman Sachs cuts U.S. GDP forecast after Manchin retreats on Biden’s bill

Global Business Magazine December 20, 2021

Dec 20 (Reuters) - Goldman Sachs trimmed its quarterly GDP forecasts for 2022, after U.S. Senator Joe Manchin withdrew his support to U.Read More

Banking Business Economy Finance News Technology World

Interest rates go up for the first time in 3 years in Britain

Global Business Magazine December 20, 2021

In response to rising inflation and the rapid spread of the coronavirus Omicron variant, the Bank of England raised its main interest Read More

Business Economy Finance News World

The United Kingdom to withdraw all 11 countries from the coronavirus travel red list

Global Business Magazine December 17, 2021

All 11 countries on England's coronavirus travel "red list" will be removed, suggesting that ministers believe that the Omicron form of the virus Read More

Business Economy News World

Major Gulf bourses track oil, Asian shares higher

Global Business Magazine December 16, 2021

Major stock markets in the Gulf rose in early trade on Thursday, in line with oil prices and Asian shares, after the Read More

Business Economy News World

Euro zone business growth slipped in December as Omicron rose

Global Business Magazine December 16, 2021

Euro zone business growth slowed more than expected this month as renewed restrictions imposed to curb the Omicron coronavirus variant curtailed the Read More

Business Economy News World

Company climate disclosures jump in 2021 as board pressure builds

Global Business Magazine December 15, 2021

The number of companies sharing climate data with CDP, the world's leading disclosure platform, jumped by nearly 40% over the last year as Read More

Business Economy News World

India’s Reliance eyes first oil cargo from UAE trade arm in Dec -source

Global Business Magazine December 15, 2021

India's Reliance Industries Ltd (RELI.NS), operator of the world's biggest refining complex at Jamnagar in Western India, aims to get the Read More

Banking Business Economy News World

World indices fall ahead of US Central Bank meeting

Global Business Magazine December 15, 2021

Global shares fell on Tuesday and the U.S. dollar rose again as investors held their breath ahead of the update on Read More

Business Economy News World

EXCLUSIVE Brazil’s Petrobras higher price demands delay refineries sales- sources

Global Business Magazine December 15, 2021

Brazil's state-controlled oil company Petrobras (PETR4.SA) has raised prices at least once in the middle of the divestiture process of its Read More

Banking Economy Finance News World

As monetary policy uncertainty grows, the Turkish currency falls to a new low

Global Business Magazine December 15, 2021

Turkey's currency, the lira, has hit an all-time low versus the dollar, and inflation is approaching 20%.Read More